What would be the best options for this kind of investment?

Q.

Our 19 year old daughter works part-time and studies full-time. She has saved $1,000 which she wishes to invest as a nest egg for her first house. Subsequent aims would be lots of $500 or $1,000 to add to the nest egg. We would like to encourage her and match any investment dollar for dollar. We are torn between doubling her funds, or putting the first $1,000 a year separately into her super. The main advantage is the government's co-contribution, and disadvantage is the time until she can access the money. What would be the best options for this kind of investment?

I agree with your comments about lack of access in super, but on the other hand you can give your daughter's super a massive boost at age 65 by making contributions for a few years when she is very young. Is it possible for you to pay $1,000 into super for her and also match her savings outside super on a dollar for dollar basis? This would give her the best of both worlds.